Systems supplied by FIS struggled to handle a massive spike in March trading volumes, according to multiple sources.
As cyber attacks become more frequent and costly, banks are increasingly turning to artificial intelligence to protect their networks—but so are the criminals.
Morrison comes from State Street where he served as chief information security officer.
Technology executive with almost 25 years of experience in the space joins equity derivatives clearing organization.
Former COO at Options Clearing Corp. joins DTCC to head up equity clearing business.
Three large banks in the space cite Basel III woes, pre-trade safety checks as key.
OCC hires former CME index exec to head business development.
The Options Clearing Corp. (OCC) has elected Craig Abruzzo and Valar Mihan to its board of directors, and named Paul Brody vice chairman.
Lessons Learnt to Prepare Firms for Cost-Basis Reporting Project